You are on page 1of 13

Accounting for Managers

Financial Status of top 5 Refineries


in India
Submitted by:
Kavita ( 19A) | Akshay (4A) | Sachin
(36A) | Richa (33A) | Ashirvad ( 9A)

Comparison of Net worth, Total Debt


Balance Sheet of
Industries

Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application
Money
Preference Share
Capital
Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

------------------- in Rs.
Cr. ------------------

BPCL

HPCL

IOCL

723.08
723.08

339.01
339.01

2,427.95
2,427.95

18,735.68
19,458.76
13,933.52
6,058.54
19,992.06
39,450.82

14,673.15
15,012.16
4,262.57
27,667.48
31,930.05
46,942.21

63,564.13
65,992.08
17,865.99
62,733.13
80,599.12
146,591.20

964.51
2,430.63
20,996.65
44.88
21,041.53
23,472.16

5,316.21
7,068.87
3,894.80
4,958.77
8,853.57
15,922.44

Networth
60,000.00
50,000.00
Networth

40,000.00
30,000.00
20,000.00
10,000.00
0.00
HPCL

IOCL ESSAR MRPL

ESSAR

1,466.12
1,466.12

MRPL
1,752.66
1,752.66

Total Debt

70,000.00

BPCL

90,000.00
80,000.00
70,000.00
60,000.00
50,000.00
40,000.00
30,000.00
20,000.00
10,000.00
0.00

Total Debt

BPCL HPCL IOCL ESSAR MRPL

Comparison of Net worth, Total Debt


Total Liabilities
160,000.00
140,000.00
120,000.00
100,000.00
Total Liabilities
80,000.00
60,000.00
40,000.00
20,000.00
0.00
BPCL

HPCL

IOCL

ESSAR

MRPL

Comparison of Total Assets


Balance Sheet of
Industries

Application Of
Funds

BPCL

HPCL

38,048.55

42,287.19

111,730.13

26,249.3
3

12,234.33

19,009.04

16,374.95

48,781.34 5,616.11

6,242.91

19,039.51

25,912.24

20,633.2
2

5,991.42

3,065.10

4,585.56

33,879.23 3,738.36

8,551.55

11,846.89
19,071.13
4,080.16

10,859.87
18,775.41
5,465.95

23,594.19
598
64,697.37 9,309.96
11,023.10 7,100.10

15
8,448.96
4,481.15

203.76

34.71

2,608.53 3,631.53

10,672.33

Total Current Assets

23,355.05

24,276.07

Loans and Advances


Fixed Deposits
Total CA, Loans &
Advances
Deferred Credit

15,120.86
0

11,944.35
0

38,475.91

36,220.42

Current Liabilities

29,150.69

28,306.24

3,825.90

2,329.64

Total CL & Provisions

32,976.59

30,635.88

Net Current Assets

5,499.32

5,584.54

Gross Block
Less: Revaluation
Reserves
Less: Accum.
Depreciation
Net Block
Capital Work in
Progress
Investments
Inventories
Sundry Debtors
Cash and Bank
Balance

Provisions

Miscellaneous

IOCL

ESSAR

62,948.79

20,041.5
9
53,662.57 7,053.09
0
0
27,094.6
131,991.57
8
0
0
28,542.9
79,044.20
8
26,778.38
49.12
28,592.1
105,822.58
0
26,168.99
1,497.42
78,329.00

MRPL

23,602.44
1,357.27
0
24,959.71
0
23,427.11
168.13
23,595.24
1,364.47

Comparison of Total Assets

Total Assets
160,000.00
140,000.00
120,000.00
100,000.00
Total Assets
80,000.00
60,000.00
40,000.00
20,000.00
0.00
BPCL

HPCL

IOCL

ESSAR

MRPL

Comparison of Total Income and Expenses


Profit & Loss account

Income
Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income

Expenditure
Raw Materials
Power & Fuel Cost
Employee Cost
Other Manufacturing
Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

------------------- in Rs.
Cr. ------------------
BPCL

HPCL

12 mths

260,060.53
0
260,060.53
1,468.66
2,030.30
263,559.49

240,325.98
1,196.89
2,896.35

223,271.33
0
223,271.33
974.45
547.87
224,793.65

207,481.45
109.5
2,030.30

473,210.09
0
473,210.09
5,164.09
1,153.00
479,527.18

424,905.57
6,213.95
6,618.97

4,843.28

366.72

0
9,585.39
0
254,004.61

0
4,116.94
0
218,581.47

0
20,922.37
0
458,660.86

0
2,386.46
0
94,621.55

0
378.73
0
71,483.36

500,000.00

400,000.00
Total Income

300,000.00

300,000.00

200,000.00

200,000.00

100,000.00

100,000.00

0.00

0.00
IOCL ESSAR MRPL

98,601.87
0
98,601.87
870.69
-148.38
99,324.18

90,165.57
1,478.19
224.61

12 mths

71,814.79
0
71,814.79
432.06
674.08
72,920.93
70,856.68
32.48
215.47

Total Expenses
500,000.00

400,000.00

12 mths

MRPL

12 mths

600,000.00

HPCL

ESSAR

12 mths

Total Income

BPCL

IOCL

Total Expenses

Comparison of Operating Profit and Reported Net Profit


BPCL

HPCL

IOCL

ESSAR

MRPL

8,086.22
9,554.88
1,359.08
8,195.80
2,246.82
0
5,948.98
0
5,948.98
1,888.10
4,060.88
13,678.63
0
1,229.24
196.58

5,237.73
6,212.18
1,336.36
4,875.82
2,201.94
0
2,673.88
-58.37
2,615.51
881.74
1,733.77
11,100.02
0
524.87
89.2

15,702.23
20,866.32
5,084.42
15,781.90
5,760.09
0
10,021.81
-96.3
9,925.51
2,906.42
7,019.09
33,755.29
0
2,112.32
358.99

3,831.94
4,702.63
3,218.33
1,484.30
1,355.21
0
129.09
0
129.09
3.29
125.8
4,455.98
0
0
0

1,005.51
1,437.57
321.44
1,116.13
706.42
0
409.71
0
409.71
-191.49
601.18
626.69
0
0
0

7,230.84

3,386.27

24,279.52

14,495.17

17,525.99

56.16
170
269.11

51.2
155
443.32

28.91
87
271.8

Profit & Loss account

Operating Profit
PBDIT
Interest
PBDT
Depreciation
Other Written Of
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit
Total Value Addition
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Per share data
(annualised)
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Book Value (Rs)

15,000.00
Operating Profit
10,000.00
5,000.00
0.00
BPCL HPCL IOCL ESSAR MRPL

3.43
0
40.33

Reported Net Profit

Operating Profit
20,000.00

0.87
0
16.77

8,000.00
7,000.00
6,000.00
5,000.00
4,000.00
3,000.00
2,000.00
1,000.00
0.00

Reported Net Profit

Comparison of Earning Per Share

Earning Per Share (Rs)


60

50

40
Earning Per Share (Rs)
30

20

10

0
BPCL

HPCL

IOCL

ESSAR

MRPL

Comparison of Operating Profit and Reported Net Profit


------------------- in Rs.
Cr. -------------------

Cash Flow

IOCL

ESSAR

BPCL

HPCL

MRPL

12 mths

12 mths

12 mths

12 mths

12 mths

5900.96

2615.5

9925.51

129.09

409.7

8404.1

7730.08

22049.89

10095.91

8963.45

-4285.89

-3774.83

-17836.58

-1688.85

-1298.63

-6243.73

-4605.97

-2108.07

-7478.51

1403.08

-2125.52

-650.72

2105.24

928.55

9067.9

2326.48

-1232.14

503.29

340.71

1587.99

200.96

-1882.86

2608.53

1269.26

10655.89

Net Profit Before Tax


Net Cash From Operating Activities
Net Cash (used in)/from
Investing Activities
Net Cash (used in)/from Financing
Activities

Net (decrease)/increase In
Cash and Cash Equivalents
Opening Cash & Cash Equivalents
Closing Cash & Cash Equivalents

Net Profit Before Tax

Net (decrease)/increase In Cash and Cash Equivalents

12000

10000

10000

8000

8000

6000

Net Profit Before Tax

6000

4000

4000

2000

2000

-2000
BPCL HPCL IOCL ESSAR MRPL

-4000

Net
(decrease)/increas
e In Cash and Cash
Equivalents

Comparison of Key Financial Ratios


Key Financial Ratios

Investment Valuation Ratios

BPCL

HPCL

IOCL

ESSAR

10
17
111.83
3,596.55
-88.3

3.1

10
-157.87
6,914.96
-77.99

2.28

10
-70.6
2,011.34
-93.91

3.5

2.23

0.99

2.19

2.48

0.41

2.24
2.41
2.41
1.55
1.55
18.52
20.86
20.86

0.99
1.75
1.75
0.45
0.45
6.14
7.71
8.06

2.2
2.37
2.37
1.44
1.44
9.06
10.43
7.8

2.51
1.48
1.48
0.12
0.12
14.26
5.17
5.17

0.41
1.65
1.65
0.83
0.83
3.88
8.5
6.92

Return on Assets Excluding Revaluations

269.11

413.4

279.71

16.77

40.33

Return on Assets Including Revaluations


Return on Long Term Funds(%)

269.11
23.37

0.87
0.59
1.03
0.61

413.4
9.38

0.72
0.59
3.38
1.87

279.71
13.7

0.81
0.62
1.31
0.53

16.77
20.02

0.64
0.62
8.66
5.88

40.33
3.88

Face Value
Dividend Per Share
Operating Profit Per Share (Rs)
Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital

Profitability Ratios
Operating Profit Margin(%)
Profit Before Interest And Tax Margin(%)
Gross Profit Margin(%)
Cash Profit Margin(%)
Adjusted Cash Margin(%)
Net Profit Margin(%)
Adjusted Net Profit Margin(%)
Return On Capital Employed(%)
Return On Net Worth(%)
Adjusted Return on Net Worth(%)

Liquidity And Solvency Ratios


Current Ratio
Quick Ratio
Debt Equity Ratio
Long Term Debt Equity Ratio

10
-26.44
680.24
--
3.88

MRPL

10
-5.74
409.76
--1.4

1.06
0.7
1.25
1.25

Comparison of Key Financial Ratios Cont


Key Financial Ratios

BPCL

HPCL

IOCL

Management Efficiency Ratios

ESSAR

MRPL

Inventory Turnover Ratio

13.64

9.41

6.75

10.59

8.5

Debtors Turnover Ratio

64.17

39.3

38.99

16.69

16.99

Investments Turnover Ratio

13.64

9.41

6.75

10.59

8.5

Fixed Assets Turnover Ratio

6.85

4.08

3.9

3.78

5.87

Total Assets Turnover Ratio

6.6

3.83

3.11

4.23

4.51

6.53

3.97

3.16

4.08

4.89

Average Raw Material Holding

--

--

--

--

--

Average Finished Goods Held

--

--

--

--

--

-5.66

20.62

25

-17.59

7.48

Material Cost Composition

92.41

92.99

89.23

91.44

98.66

Imported Composition of Raw Materials


Consumed

77.73

--

--

82.56

90.36

--

--

--

--

--

7.35

--

--

42.03

47.27

Dividend Payout Ratio Net Profit

30.27

56.61

36.66

--

--

Dividend Payout Ratio Cash Profit

19.48

14.95

19.32

--

Earning Retention Ratio

69.73

45.83

51.02

-100

100

Cash Earning Retention Ratio

80.52

85.23

77.73

100

100

3.17

11.43

7.62

14.21

7.4

Asset Turnover Ratio

Number of Days In Working Capital

Profit & Loss Account Ratios

Selling Distribution Cost Composition


Expenses as Composition of Total Sales

Cash Flow Indicator Ratios

AdjustedCash Flow Times

Summary and Conclusion


BPCL
ReturnOnNetWorth(%)

20.86

HPCL

IOCL
7.71

10.43

ESSARMRPL
5.17

8.5

This
This measure
measure indicates
indicates how
how much
much
income
income was
was earned
earned for
for every
every dollar
dollar
invested
invested by
by the
the owners.
owners.

Summary and Conclusion


Indian Oil Corporation: The Energy of India
Maintains its position as the country's largest company, according to the list of
500 Indian companies released by Financial Express.

You might also like